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Activist investor Elliott Investment Management wants oil major BP to replace its strategy chief and create separate units ...
BP may be forced to cut or even scrap its share buyback programmes over the next year unless oil prices recover, analysts say ...
By Shadia Nasralla (Reuters) -Activist investor Elliott Management has urged BP to boost its free cash flow to $20 billion by 2027 from around $8 billion last year through significant spending ...
Elliott Investment Management has built up its stake in BP Plc to just over 5% of shares, as the activist investor increases its pressure campaign at the struggling oil giant. The holding ...
CRISIS, AND BUSINESSES THREATENED 15 YEARS AGO. THE BP OIL SPILL HAPPENED. IT’S STILL CONSIDERED ONE OF THE WORST ENVIRONMENTAL DISASTERS THAT THIS COUNTRY HAS EVER SEEN. THE OIL GIANT PAYING ...
(Reuters) -Activist investor Elliott Management has urged BP to boost its free cash flow to $20 billion by 2027 from around $8 billion last year through significant spending cuts and cost reductions, ...
Elliott Management has increased its stake in BP (BP) to more than 5% and is urging the energy group to increase its free cash flow by an additional 40% through steep cuts to spending, The ...
LONDON (Reuters) - Activist hedge fund Elliott holds 5.006% of voting rights in BP, according to a regulatory notice published on Tuesday, crossing the threshold that requires reporting of big ...
Activist investor Elliot Investment Management increased its stake in supermajor BP to above 5% as part of its strategy to force greater change at the operator. BP notified investors on Tuesday ...
It took 87 days to cap the BP-operated Macondo well, during which time millions of barrels of crude oil poured into the Gulf and onto Louisiana’s coast. Among the hardest-hit areas was Cat ...
Plus, we take a look at whether BP can turn things around to catch up with its rivals.
Analysts have been eager to weigh in on the Energy sector with new ratings on TotalEnergies (TTE – Research Report) and BP (BP – Research Report). Discover outperforming stocks and invest ...